DAILY BRIEFING: Lidl opens £55m distribution centre as it gears up for the delivery of 40,000 turkeys and 1.5m boxes of mince pies

CHRISTMAS SHOP Discount supermarket Lidl has opened a £55 million distribution centre in Exeter – creating 500 jobs in the process.

The hub will help see it through the Christmas period, where it expects to distribute 40,000 turkeys, 1.5m boxes of mince pies, 100,000 prosecco bottles, 150,000 bags of carrots and 100,000 packs of sprouts in the week leading up to Christmas Day.

BANK WARNING Scandal-hit bank Standard Chartered has still not convinced US authorities it has changed its ways, meaning the threat of prosecution will hang over it for another year.

Discount supermarket Lidl has opened a £55 million distribution centre in Exeter – creating 500 jobs in the process. The hub will help see it through the Christmas period

The lender was fined £250 million in America in 2012 for working with blacklisted businesses in Iran and other countries. It avoided prosecution by pledging to clean up its act by mid-2017 – but yesterday this deferred prosecution agreement was extended to July next year.

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